In a year from now, the Single Touch Payroll system will enter its second phase of growth, requiring further information to be provided.
The increase in providing information to the Australian Taxation Office means that you will no longer be required to issue it to additional government agencies, as is the case currently. This means that the amount of reporting required of employers is reduced and condensed.
Services Australia is hosting a live stream ticketed event to inform employers about what the changes will mean for them.